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Oil Economics and Policy (Hardcover, 2000 ed.)
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Oil Economics and Policy (Hardcover, 2000 ed.)
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In 20th century society, oil has played a fundamental role not only
from the economic point of view, but also from the point of view of
the political relationships established between major Western
countries and oil-producing countries. A survey into oil history,
its market dynamics and price evolution, is essential for a deeper
understanding of modern industry and world economy, as world
development depends on oil supplies, prices, and its political
accessibility. Oil Economics and Policy follows the historical
development of the oil industry, and inevitably also covers many
aspects of energy resource economy. In so doing, it pays particular
attention to one aspect, namely, the fixing of oil prices. This is
mainly in order to attempt to understand whether, and by how much,
the structural transformations that the oil industry has undergone
during the various phases of its existence - and the various market
structures deriving from them - have influenced the dynamics of oil
prices. Alberto ClA is Professor of Industrial Economics at the
University of Bologna. Minister of Industry and Trade during
Lamberto Dini's government (January 1995-May 1996), he has been a
member both of national and international scientific boards and of
ministerial committees. He is author of numerous writings on
industrial and energy economies and editor-in-chief of the journal
Energia.
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